Donnelley Financial Solutions (NYSE:DFIN) Sets New 52-Week Low – Time to Sell?

Donnelley Financial Solutions (NYSE:DFIN) hit a new 52-week low during trading on Thursday . The company traded as low as $37.76 and last traded at $38.1550, with a volume of 235604 shares changing hands. The stock had previously closed at $41.27.

Analysts Set New Price Targets

DFIN has been the topic of a number of analyst reports. Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 19th. Weiss Ratings restated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Monday, December 29th. Wall Street Zen raised Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. DA Davidson reaffirmed a “buy” rating and set a $66.00 price target on shares of Donnelley Financial Solutions in a research note on Friday, January 30th. Finally, CJS Securities raised Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.50.

Donnelley Financial Solutions Stock Performance

The firm has a 50-day moving average of $48.86 and a two-hundred day moving average of $50.93. The company has a market capitalization of $1.02 billion, a PE ratio of 36.45 and a beta of 0.92. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.35.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DFIN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Donnelley Financial Solutions by 13.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,683 shares of the company’s stock valued at $729,000 after buying an additional 2,005 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Donnelley Financial Solutions by 1.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 101,954 shares of the company’s stock valued at $4,456,000 after purchasing an additional 1,674 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Donnelley Financial Solutions during the 1st quarter worth $2,698,000. Intech Investment Management LLC increased its holdings in shares of Donnelley Financial Solutions by 34.4% in the 1st quarter. Intech Investment Management LLC now owns 26,290 shares of the company’s stock valued at $1,149,000 after acquiring an additional 6,734 shares during the last quarter. Finally, CWM LLC raised its position in shares of Donnelley Financial Solutions by 53.7% during the 2nd quarter. CWM LLC now owns 690 shares of the company’s stock worth $43,000 after acquiring an additional 241 shares in the last quarter. 93.84% of the stock is currently owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.